PWC News
Thursday, July 23, 2026
No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
No Result
View All Result
PWC News
No Result
View All Result

LanzaJet and KMG Advance Kazakhstan’s First Sustainable Aviation Fuel Project – ESG Today

Home ESG Business
Share on FacebookShare on Twitter


Throughout New York Local weather Week, sustainable aviation gas (SAF) know-how and manufacturing firm LanzaJet and Kazakhstan’s nationwide oil and gasoline firm, KazMunayGas (KMG), introduced a key milestone within the nation’s first SAF initiative. 

The 2 firms confirmed the mission will transfer into the engineering and design (FEED) section following the completion of a joint feasibility examine.

Launched in 2020 by carbon recycling know-how firm LanzaTech, Illinois-based LanzaJet has developed “Alcohol-to-Jet” know-how enabling the creation of SAF and renewable diesel from waste-based and sustainable ethanol sources together with feedstocks corresponding to low-carbon sugarcane, vitality crops, forest residuals, agricultural wastes, and natural waste.

Jimmy Samartzis, CEO of LanzaJet, stated: 

“Kazakhstan is the kind of market that creates unbelievable potential throughout industries – agriculture, logistics, oil and gasoline and aviation. Our collaboration at LanzaJet with KMG units in movement regional management to advance decrease carbon flight and decarbonization of aviation, financial improvement for the nation, and vitality safety for the area.”

The settlement with KMG was formalized throughout New York Local weather Week, the place Samartzis addressed an viewers that included Kazakhstan’s President Kassym-Jomart Tokayev and KMG Chairman and CEO Askhat Khassenov. The collaboration marks LanzaJet’s first deployment of its patented Alcohol-to-Jet (ATJ) know-how within the area.

The FEED stage will concentrate on finalizing the technical and financial options required to construct the ability and laying the groundwork for building. Work is predicted to start instantly, with the mission positioned to assist Kazakhstan’s anticipated SAF demand, which is projected to succeed in 70,000 tonnes per 12 months by 2030.

Khassenov stated:

“This collaboration represents a major contribution to strengthening bilateral cooperation and can assist our low-carbon improvement targets and the deployment of cutting-edge applied sciences. Total, the mission will positively influence the event of the biofuels market, enhance the environmental efficiency of the aviation sector, and improve Kazakhstan’s transit potential.”

The announcement follows a string of investments in LanzaJet, together with by Tokyo-based banking group MUFG, airport operator Groupe ADP, Microsoft and Southwest Airways. Further traders within the firm embody All Nippon Airways, Breakthrough Power, British Airways, LanzaTech, Mitsui & Co., Shell and Suncor Power.



Source link

Tags: AdvanceAviationESGFuelKazakhstansKMGLanzaJetprojectSustainableToday
Previous Post

America’s Garbage Time Bomb

Next Post

Day trading is about to get easier for smaller retail investors

Related Posts

From Carbon to Constraints: Why Sustainability Is Becoming a Growth Strategy – ESG Today
ESG Business

From Carbon to Constraints: Why Sustainability Is Becoming a Growth Strategy – ESG Today

July 22, 2026
Constellation Invests in Small Modular Reactor Startup Blue Energy – ESG Today
ESG Business

Constellation Invests in Small Modular Reactor Startup Blue Energy – ESG Today

July 21, 2026
EU Taps the Brakes on ETS Carbon Pricing – ESG Today
ESG Business

EU Taps the Brakes on ETS Carbon Pricing – ESG Today

July 20, 2026
Delta Signs 5-Year Deal with Shell to Expand SAF Supply and Infrastructure at U.S. Airports – ESG Today
ESG Business

Delta Signs 5-Year Deal with Shell to Expand SAF Supply and Infrastructure at U.S. Airports – ESG Today

July 17, 2026
Deutsche Bank, World Bank Launch  Billion Platform to Expand Access to Trade Finance in Emerging Markets – ESG Today
ESG Business

Deutsche Bank, World Bank Launch $1 Billion Platform to Expand Access to Trade Finance in Emerging Markets – ESG Today

July 18, 2026
CalSTRS Invests  Billion to Anchor Nuveen Sustainable Infrastructure Fund – ESG Today
ESG Business

CalSTRS Invests $2 Billion to Anchor Nuveen Sustainable Infrastructure Fund – ESG Today

July 16, 2026
Next Post
Day trading is about to get easier for smaller retail investors

Day trading is about to get easier for smaller retail investors

Earnings Preview: After a solid FY25, can Paychex maintain momentum in Q1? | AlphaStreet

Earnings Preview: After a solid FY25, can Paychex maintain momentum in Q1? | AlphaStreet

Huawei Connect 2025: Building AI Infrastructure In A Sanctioned World

Huawei Connect 2025: Building AI Infrastructure In A Sanctioned World

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

M-cap of five of top 10 most valued firms jumps Rs 1.54 lakh cr; TCS biggest winner
Business

M-cap of five of top 10 most valued firms jumps Rs 1.54 lakh cr; TCS biggest winner

by PWC
July 19, 2026
0

The mixed market valuation of 5 of the top-10 most valued companies jumped Rs 1.54 lakh crore final week, with...

India’s biggest IPO this year rakes in bids worth  billion, powered by institutional frenzy

India’s biggest IPO this year rakes in bids worth $31 billion, powered by institutional frenzy

July 17, 2026
Europe Intelligent Transportation Systems Market: Emerging Trends and Outlook

Europe Intelligent Transportation Systems Market: Emerging Trends and Outlook

July 22, 2026
Israeli plant-based protein co Plantopia raises m

Israeli plant-based protein co Plantopia raises $9m

July 23, 2026
Allbridge Core Pauses Cross-Chain Bridge after .65M Exploit

Allbridge Core Pauses Cross-Chain Bridge after $1.65M Exploit

July 20, 2026
Spain’s Ferran Torres scored the winning goal in the World Cup—but just four years ago, he was in therapy and stuck in a ‘bottomless pit’ | Fortune

Spain’s Ferran Torres scored the winning goal in the World Cup—but just four years ago, he was in therapy and stuck in a ‘bottomless pit’ | Fortune

July 20, 2026
PWC News

Copyright © 2024 PWC.

Your Trusted Source for ESG, Corporate, and Financial Insights

  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis

Copyright © 2024 PWC.